National Republican., 1887-08-02
AN ANIMATED MARKET.
Efforts to Depress Prices Keep Re-
suits in Feverishness.


New YORK, Aug. 1.-The stock market
to-day presented, on the whole, much
Armer front than at any time last week
though the announcement Of the suspen-
sion OF Gould & Henry was made the basis
OF another effort to depress prices. The
feeling on tho street was much more hope
full, and the covering OF shorts was on
large scale, while considerable buying was
noticed for the new clique. The efforts at
depression kept the market feverish aud
unsettled for some time, but the beirs
found the buying too strong for them, aud
they began TO swerve with the tide, the ad-
vance, after having once started, meeting
with no serious set back for the remainder
OF the day. The news OF the day was eu-
tirely unimportant and very little special
feature was developed.
There was an active market at the open
ing, which was made at irregular changes
from Saturdays final figures, although de-
clines were in majority. Gains Were
made In the early dealings, however, which
ranged up TO over l per cent. These were
more than lost in tho reaction which fc
lowed, but toward noon the feverlshness
and unsettled feeling began to wear away,
and later steady and very uniform appre
citation OF values occurred which lasted un-
I'll the close. There was q halt about 2 p.
m. and Insignificant losses followed, but
the last hour was marked by renewed firm
ness and the close was firm to strong at
about the highest figures reached.
Money on call has been easy, ranging from
4 to O, last loan at O, and closing at 8 TO
o. Sterling exchange dull and steady.
Actual business at 1891 to 1924 for
60-day bills, and 4S4i to 4S4l for de-
mand. Posted rates 1884 to 4SSd. Gov.
ernment bonds have been dull and heavy.
State bonds have been neglected.
Treasury balances-Coin, sl35, 5,O5l,5 800;
currency, $40 1891
The following were the closing bid ouot,-
tions:
e, l2S9t; ~ coup, 1854; Pac. es of 95, l22.
6s, l2l1S; do, IS, g6js Tenn. settlement Gs, lOl,
do. 5s, slO2h; Va. 6s, IS; do. cons0ls, X n
g. .5i; Tenn. settlement Ss, ~; Cen. Pac.
and I 81; Northern Pac. irs,s ii5; do. sec jnds,
1853; Northwestern cons, ex-diy "l3slA; do.
d6obenture,, 1922 St. L. and San Fran. llS g.
s sG sOnibela Psc &c s caiCffS fnf rso rs aa
q, 7o; Union Pac. iirsts, iiih West SHORE.
9s1; Adams Express, li9: Alton aud 4. II.
I Ss do Sd pid IE Am and sTpres ios P9s ,asn All
southern, 52 Canton. ,*55; Cen. Pac., SO.
Ghes and Ohio, 9; ,,Chlcego and Alton, 1io.
SS oPdS lSi Con B. on %na o. e. Is' csy9
l0oll; Del. and L., 1855; Denv. and r. g., q:
Erie, 2s7s; do. pfi., 65%; Fort Wayne, 15i;
l22; Kans. and Texas, .25Is; L. E. and w, lsiS'
Lake Shore, slh; Lyl: and Nash, 6lH
Manhetn and Con, III; NJ. and Char. so;
97; Mob. and o., 70; Mar, and E., "l3O:
Western pfd., Az; Northern Pac., 325s; do, pld,
T. Cen, ie7: Chicago and St. L., i7IE; d..
pfd., 30; Ohio and Miss, 2i35: do. pfd, IS;
Oregon Nay, %; Pac. Mail, $50; Pitts.
and Aleg" 10; Rich and Dan, $50; Rock
Ispd, l26; st. l.. aud San. Fran, 351s; do. pfi
7S2S; do. first pfd. Ill; St. Paul, s05S do, pfi,
llsI; st, p; and o., 40: do pid. 100: Texas
Pao, l71a; do pfd., 29lt; Wells Fargo, l27I%;
West. Union, 7lss; Tenn. Coal and Iron, 3219
Cotton Oil Trust, S51S; Quicksilver, 81; do
sAsked,